Roes

AM Best Affirms Credit Ratings of Arabia Insurance Company s.a.l.

Retrieved on: 
Friday, September 9, 2022
Banking, Professional Services, Insurance, Finance, ROE, Insurance, Good, Credit, AIC, ALL, Investment, ERM, AM, Risk management, Translation, News, AM Best, Roes, Risk, Industry

AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of bbb- (Good) of Arabia Insurance Company s.a.l.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of bbb- (Good) of Arabia Insurance Company s.a.l.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

Horace Mann Board of Directors authorizes new $50 million share repurchase program

Retrieved on: 
Wednesday, May 25, 2022
Finance, Other Education, Professional Services, Insurance, Education, U.S. Securities and Exchange Commission, EPS, Private Securities Litigation Reform Act, News, Solution, HMN, Nature, Appendix, Roes, Board, Program, Board of directors, Horace Mann Educators Corporation, Security (finance), GAAP, SEC, Growth, NYSE, Share repurchase, Renewable energy

Horace Mann Educators Corporation (NYSE:HMN) today announced its Board of Directors has authorized a new share repurchase program of up to $50 million.

Key Points: 
  • Horace Mann Educators Corporation (NYSE:HMN) today announced its Board of Directors has authorized a new share repurchase program of up to $50 million.
  • Under programs authorized in 2011 and 2015, through May 24, the company had repurchased a total of $95.5 million since 2011.
  • Repurchase of 226,640 shares between April 1 and May 24 brought 2022 year-to-date repurchases to $10.8 million, nearly completing the prior authorizations.
  • Horace Mann remains committed to driving long-term shareholder value creation, said Horace Mann President and CEO Marita Zuraitis.

AM Best Affirms Credit Ratings of Oman Insurance Company P.S.C.

Retrieved on: 
Wednesday, April 27, 2022
Insurance, Professional Services, AED, News, AM, United Arab Emirates, Roes, Risk management, ALL, Credit, Assicurazioni Generali, AM Best, Insurance, ROE, Income, Industry, OIC, Acquisition, Reinsurance

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a (Excellent) of Oman Insurance Company P.S.C.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a (Excellent) of Oman Insurance Company P.S.C.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

Ameren Missouri customers getting stronger, smarter, cleaner and more resilient energy grid, thanks to Smart Energy Plan

Retrieved on: 
Friday, February 18, 2022
MISO, Midcontinent Independent System Operator, Health, NYSE, Quality of life, Time, Judgement, Missouri Public Service Commission, Wind, Foristell, Missouri, Contract, Public expenditure, Carbon, Economic development, U.S. Securities and Exchange Commission, Security (finance), Private Securities Litigation Reform Act, ROE, Administrative Office of the United States Courts, New Source Review, Annual report, FERC, Roes, Insurance, Workforce, Twitter, Missouri General Assembly, Retirement, AEE, Ageing, Natural gas, Risk, Risk management, Failure, Acquisition, Engineering, Investment, COVID-19, Electricity, Terrorism, Organization, Renewable energy, Drug, Electric power industry, Bank, Life insurance, Ameren

"Thanks to the Smart Energy Plan, we have been able to replace aging infrastructure and invest in a more resilient, reliable and sustainable energy system for our customers," said Mark Birk, president of Ameren Missouri.

Key Points: 
  • "Thanks to the Smart Energy Plan, we have been able to replace aging infrastructure and invest in a more resilient, reliable and sustainable energy system for our customers," said Mark Birk, president of Ameren Missouri.
  • In 2021, Ameren Missouri spent $438 million with Missouri vendors and contractors to complete Smart Energy Plan projects.
  • Ameren Missouri customers have benefited from thousands of completed projects since the passage of the Smart Energy Plan that create a smarter and more reliable energy grid.
  • 463,000 smart meters to provide two-way communication with Ameren Missouri and deliver more precise energy use information to customers.

S&P Global Market Intelligence energy outlook says record wind and solar generation additions set to make 2022 a big year as the energy transition continues to gain pace

Retrieved on: 
Wednesday, November 10, 2021
S&P Global, Intelligence, Water, University, Metal, Industry, News, Government, Retirement, Alpha, Natural gas, Investment, COVID-19, Technology, Research, Multimedia, Roes, Acquisition, Commodity, S, ESG, Energy, Solution, Telecom, SPGI, NYSE, Wind, Ageing, TMT, Renewable energy, Fine chemical

Early plant retirement costs due to the energy transition will present challenges for utilities and state regulators with 29 GW of coal retirements planned for 2020 through 2025.

Key Points: 
  • Early plant retirement costs due to the energy transition will present challenges for utilities and state regulators with 29 GW of coal retirements planned for 2020 through 2025.
  • The Energy offering complements S&P Global Market Intelligence's broad universe of research sector coverage including enterprise technology, financial institutions, metals & mining and TMT (Technology, Media and Telecom).
  • At S&P Global Market Intelligence, we understand the importance of accurate, deep and insightful information.
  • S&P Global has been providing essential intelligence that unlocks opportunity, fosters growth and accelerates progress for more than 160 years.

AM Best Affirms Credit Ratings of East Africa Reinsurance Company Limited

Retrieved on: 
Friday, October 15, 2021
Banking, Professional Services, Insurance, Finance, Industry, Roes, Credit, AM Best, AM, Insurance, USD, ALL, EAR 13 class, News, ROE, African, Data, Risk management

AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of bb+ (Fair) of East Africa Reinsurance Company Limited (EARe) (Kenya).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of bb+ (Fair) of East Africa Reinsurance Company Limited (EARe) (Kenya).
  • The company has a presence in over 30 countries in Africa and Asia, with premium volumes skewed toward East African markets.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

Global reinsurance capital, profits, and ROE on the rise in H1: Willis Re

Retrieved on: 
Wednesday, September 8, 2021

Underlying ROEs, while less strong, were nonetheless noticeably improved, according to the latest Reinsurance Market Report from Willis Re, the reinsurance business of leading global advisory, broking and solutions company Willis Towers Watson (NASDAQ: WLTW).

Key Points: 
  • Underlying ROEs, while less strong, were nonetheless noticeably improved, according to the latest Reinsurance Market Report from Willis Re, the reinsurance business of leading global advisory, broking and solutions company Willis Towers Watson (NASDAQ: WLTW).
  • The reported ROE recovered from last years minus 0.7% to reach 13.9%, while the underlying ROE more than doubled to reach 6.3%.
  • James Kent, Global CEO, Willis Re, said: Reinsurance providers will be heartened by these results.
  • Learn more at willistowerswatson.com
    1 Willis Res Reinsurance Market Index tracks the capital and performance of reinsurers holding more than 80% of the sectors capital.